from the irrawaddy.......
"Burma will have to abide by the conditions of the International Monetary Fund (IMF) if it expects to receive any assistance from the global financial organization, the US said on Tuesday amid reports that the new Burmese government is seeking IMF help to reform its complex foreign exchange system.
“If they want IMF help, they’re going to have to live by IMF restrictions and rules,” US State Department spokesperson Victoria Nuland told reporters at her daily news conference.
“So it’s Burma’s choice whether it takes the help or not. If it takes the help, it’s going to have to take it under the conditions that the IMF and its board put forward,” she said, expressing the views of the Obama administration on the subject.
Meanwhile, IMF officials confirmed that Burma has sought its help in reforming its foreign exchange system.
No decision has been made yet on the Burmese request, an IMF official said"..............READ MORE
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